Cryptocurrencies are collapsing (cryptowat.ch)

Is this because of the China FUD?

So when the price rises 20% we say it's normal. But when the price goes down 20% it's collapsing?

I'm new to the space but as I understand it this sustained decline happens for a few weeks this time of year, each year.

The reasoning being that the Asian markets sell off and take their gains to pay for their holidays (Lunar New Year) and that their volume dominates the rest of the market.

I think the title is misleading given that there's no article content.

time to buy then!

-20% haircut days are just a normal Tuesday. It comes with the +60% days.

Previous discussion from 2 hours ago https://news.ycombinator.com/item?id=16156687